LATEST PUBLICATIONS
PN 2022-02
How Can DSWD's Social Pension Program for Indigent Senior Citizens be Improved?
RPS 2022-01
How Does the Philippines Fare in Meeting the ASEAN Economic Community Vision 2025?
PJD 2022 Vol. 46 No. 1d
Surveying the Extent and Wage Consequences of Education-Job Mismatches in the Philippine Labor Market
PJD 2022 Vol. 46 No. 1c
Disentangling the Effects of Maternal Employment on Child Stunting in the Philippines

LATEST AV MATERIALS
PIDS WB 2021-1201
Analyzing the President's Budget for 2022
GIZ-FFS-2020-01
WASHaLOT 3.0: Production Process
GIZ-FFS-2021-03
WASHaLOT 3.0 Mass Production
GIZ-FFS-2021-02
Minimum Requirement Guidelines on WASH in Schools
Publication Detail
FDC 1998-04: Getting the Framework Right: Policy And Regulation for Microfinance in Asia

This paper explores how lack of access to financial services is a critical constraint to the establishment or expansion of viable microenterprises. It is commonly accepted that populations traditionally excluded from the formal financial sector can, in fact, be a profitable market niche for innovative banking services, and that microfinance can be very important in reducing poverty. The paper further explains the rapid growth of MFIs in recent years and how their outreach has remained small compared to the potential demand. Few MFIs have yet attained any significant degree of self-sufficiency. While microfinance has the potential to make an important contribution to poverty reduction in the region, the requirement is development of a microfinance sector that is able to reach large numbers of poor people on a sustainable basis. This, in turn, requires increased attention to all aspects of microfinance, including the policy and regulatory environment. While the nine countries included in this study differ in terms of their level of economic development, social conditions and institutional structure, the study finds that an effective policy and regulatory environment for microfinance is likely to include a number of common elements. The paper recommends a number of methods for the regulation of bank/non-bank financial institutions, and for direct support by donors and governments.

PinoyME Foundation
Authors Keywords
Conroy, John D.; McGuire, Paul B.; Thapa, G.; microfinance; microfinance institutions; microfinance regulation;
Download PDF Number of Downloads
Published in 1998 and available in the FDC or Downloaded 408 times since November 25, 2011
×
Please let us know your reason for downloading this publication. May we also ask you to provide additional information that will help us serve you better? Rest assured that your answers will not be shared with any outside parties. It will take you only two minutes to complete the survey. You will answer the profile questions only once as long as you enter the same email address. Thank you.


To use as reference:
If others, (Please specify):
Name: (optional)
Email: (required, but will not display; please use the same email address when downloading another publication so that the profile questions will not appear)
Age:
Gender:
If Prefer to self-describe, please specify:
Level of Education:
Occupation:
If employed either part-time or full-time, name of office:
If others, (Please specify):
Would you like to receive the SERP-P UPDATES e-newsletter? Yes No
Use the space below if you have any comment about this publication or SERP-P knowledge resources in general.